CryptoGT is a Forex company that is more suitable for virtual currencies. A company run by Hatio Ltd., which was born in Cyprus in June 2018. 64 types of virtual currency pairs are covered. Since there are 9 types of foreign exchange, it is more for virtual currencies. Although it is still an emerging company, it has become more and more famous in recent years. Its strength is that it can be traded with a maximum leverage of 500 times, and it is also a strength where spreads are narrow. This time I’m writing about this CryptoGT company.
CryptoGT is an FX brand operated by Hatio Ltd. The FX virtual currency trading service will be available in 2018, and it is still an emerging company.
|Company Name||Hatio Ltd.|
|Headquarters location||Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Republic of the Marshall Islands MH96960|
|Business start date||May 2018|
|Number of employees||private|
A financial license is issued by the financial authorities of the country and is a permit for conducting a financial business. Without this, you cannot carry out business activities. The countries with strict examination standards in the world are said to be the United Kingdom and Cyprus. The UK Financial Conduct Authority (FCA) has very strict not only license acquisition but also maintenance standards, such as having to compensate up to £ 85,000 per person in the event of a Forex trader’s bankruptcy. The Cyprus Securities and Exchange Commission (CySec) is said to be the second highest screening country after the United Kingdom. So is CryptoGT licensed? That said, I don’t have a license so far. Therefore, I feel uneasy compared to other companies.
Whether or not withdrawal is refused
It will be the most worrisome place for traders who actually trade. There is no Forex company that refuses to deposit, but I am wondering if I can really withdraw when I can make a profit. What about CryptoGT, as some companies run away at worst? The patterns of withdrawal refusals from past cases are summarized below. CryptoGT basically does not require identity verification documents, so restrictions are relaxed.
|Withdrawal of 5 BTC or more||For withdrawals of 5 BTC or more, it is necessary to submit identity verification documents.|
|Withdrawal while holding a position||While you are holding a position, you cannot withdraw, so please settle before withdrawing.|
|Bonus withdrawal||Bonuses cannot be withdrawn.|
|Get multiple accounts||If the same person has multiple accounts and operates them, there is a possibility that the accounts will be frozen.|
|No withdrawal due to system trouble||Please contact support. Withdrawals will be handled manually.|